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A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate for the

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A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate for the firm if it has net income of $42,430, total equity of $389,560, total assets of $602,490, and a 28 percent dividend payout ratio? Multiple Choice 5.97% 5.73% 5.50% 5.34%

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